NOVEMBER 30, 2025 — UP TO 6,000 EMPLOYEES TARGETED BY 2028.
It appears the company has changed its employment outlook, as it has announced plans to lay off 4,000 to 6,000 employees worldwide, mostly from teams involved in product development, internal operations, and customer support, as part of its plan to reorganize operations and increase the use of Artificial Intelligence. HP aims to use AI to speed up product development, improve customer satisfaction, and increase overall productivity.
MARCH 3, 2025 — UP TO 2,000 EMPLOYEES TARGETED BY OCTOBER 2025.
In somewhat good news, HP has targeted 1,000 to 2,000 employees, down from the original estimate of 4,000 to 6,000.
As per an SEC filing, “On February 27, 2025, HP approved an amendment to its current restructuring plan that it expects will be implemented through the end of fiscal 2025. HP expects incremental gross workforce reductions of approximately 1,000 to 2,000 employees in connection with the amendment.”
NOVEMBER 22, 2022 — MASS LAYOFFS AHEAD
The company has announced plans to implement its cost-containment initiative, the “Future Ready Transformation Plan,” which anticipates 4,000-6,000 layoffs globally. The company is estimating that the measures will save $1.4 billion by the end of 2025.
OCTOBER 4, 2019 — Original post…
Palo Alto, California-based HP, the iconic hardware and software maker, has announced a major multi-year restructuring program that can result in a dramatic reduction in force of up to 9,000 employees.
According to a company statement …
“We are taking bold and decisive actions as we embark on our next chapter,” said Enrique Lores, incoming President and Chief Executive Officer, HP Inc. “We see significant opportunities to create shareholder value and we will accomplish this by advancing our leadership, disrupting industries and aggressively transforming the way we work. We will become an even more customer-focused and digitally enabled company, that will lead with innovation and execute with purpose.”
“HP Inc. announced a fiscal year 2020 restructuring plan to simplify its operating model and become a more digitally enabled company. The company expects to reduce gross global headcount by approximately 7,000-9,000 employees through a combination of employee exits and voluntary early retirement. The company estimates that these actions will result in annualized gross run rate savings of about $1.0 billion by the end of fiscal 2022.”
For those wishing to access a webcast of the formal presentation with financials, it can be found at www.hp.com/investor/SAM2019.
As the company moves beyond personal computers and printers toward end-to-end services for consumers, one might consider creating an online “cloud” system with hosted applications accessible via a lightweight browser.
Change is constant, and it's coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?